This book, edited and researched by experts at the International Monetary Fund (IMF), looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes. It also looks at whether spending exceeded expectations or...

Kajikawa examines the role of public expenditure control in Japanese fiscal consolidation. After outlining recent fiscal developments, he discusses the control of two types of expenditure: project and programme. The former comprises investment and current spending for the implementation of...